- Published on January 6, 2022
- In AI Features
We will use our recent funding for R&D and Acquisitions: Srikanth Velamakanni, Fractal Analytics
We have always been profitable and somewhat conservative in that sense, relative to other hyper-aggressive startups.
- By Shraddha Goled
2021 was one of the best years for India Inc., with the birth of 44 Unicorns with a total valuation of over $89 billion. Looks like 2022 will not disappoint either. Just a week into the new year, we already have two Indian companies entering the Unicorn club. The latest entrant is leading AI and advanced analytics company Fractal Analytics.
Founded in 2000, Mumbai and New York-based Fractal Analytics raised $360 million from TPG Capital Asia, a private equity firm. The company provides artificial intelligence and analytics services to several Fortune 100 firms, including the likes of Google.
Credit: LinkedIn
Analytics India Magazine got in touch with Fractal's cofounder, Srikanth Velamakanni.
Now that Fractal Analytics has achieved the Unicorn status, what is the road a
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Shraddha Goled
I am a technology journalist with AIM. I write stories focused on the AI landscape in India and around the world with a special interest in analysing its long term impact on individuals and societies. Reach out to me at shraddha.goled@analyticsindiamag.com.
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